This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: If a consumer purchases more of a product, then most likely the marginal utility of _____. a. that ... (Read 97 times)

rl

  • Hero Member
  • *****
  • Posts: 579
on: Jun 30, 2018
If a consumer purchases more of a product, then most likely the marginal utility of _____.
 a. that product decreases
  b. that product remains the same
  c. other products decrease
  d. other products increase
  e. that product increases

Question 2

Average fixed cost:
 a. remains unchanged as output expands.
 b. is defined as the change in total cost divided by the change in output.
  c. always increases as output increases.
 d. always decreases as output expands.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

ashely1112

  • Sr. Member
  • ****
  • Posts: 347
Reply #1 on: Jun 30, 2018
Answer to Question 1

a

Answer to Question 2

d


rl

  • Hero Member
  • *****
  • Posts: 579
Reply #2 on: Jun 30, 2018
Correct answers!


ashely1112

  • Sr. Member
  • ****
  • Posts: 347
Reply #3 on: Jun 30, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

The heart is located in the center of the chest, with part of it tipped slightly so that it taps against the left side of the chest.

Did you know?

The oldest recorded age was 122. Madame Jeanne Calment was born in France in 1875 and died in 1997. She was a vegetarian and loved olive oil, port wine, and chocolate.

Did you know?

IgA antibodies protect body surfaces exposed to outside foreign substances. IgG antibodies are found in all body fluids. IgM antibodies are the first type of antibody made in response to an infection. IgE antibody levels are often high in people with allergies. IgD antibodies are found in tissues lining the abdomen and chest.

Did you know?

Asthma attacks and symptoms usually get started by specific triggers (such as viruses, allergies, gases, and air particles). You should talk to your doctor about these triggers and find ways to avoid or get rid of them.

Did you know?

Children with strabismus (crossed eyes) can be treated. They are not able to outgrow this condition on their own, but with help, it can be more easily corrected at a younger age. It is important for infants to have eye examinations as early as possible in their development and then another at age 2 years.

From Farm to Consumer From Farm to Consumer
Closed and Open Food Product Dating Closed and Open Food Product Dating
Find derivative using product rule Find derivative using product rule
The phenotype of an organism is the product of interactions The phenotype of an organism is the product of interactions
GloFish, marketed as the world’s first GM pet, are a controversial product of genetic engineering GloFish, marketed as the world’s first GM pet, are a controversial product of genetic engineering
Calculate the weighted-average cost of the following inventory purchases:DateQuantity ... Calculate the weighted-average cost of the following inventory purchases:DateQuantity ...
Video: Double Stranded DNA Molecule Animation

For a complete list of videos, visit our video library